CSR- Corporate Social Responsibility

Economic, legal, ethical, and philanthropic expectation placed on organisation by society at any given time.

CSR – Carroll and Buschholtz 2002

http://scholar.google.com/citations?user=qMalUAcAAAAJ&hl=en7

The Body Shop

Anita Roddick

We believe that CSR is fundamental to the success of a business. We motion that all businesses should incorporate CSR within their business.

For example, The Body Shop incorporates a strong CSR throughout their business. Incorporating aspects into the community, ethical trade and the environment.

Davis Model of CSR indicates social responsibility arises from social power and therefore the influence a business has impacts the responsibility the business has to external factors such as environment. For example, the five core values of The Body Shop:

Support community, defend human rights, against animal testing, self-esteem and protect our plant.

Further referenced by the fact Body shop work with organisations such as Greenpeace.

Argument: “Expensive”

The social costs and benefits of activity product or service raise.

Increased reputation and standing for trade.

Social aspects of customer clientele can improve sales as customers like to be seen to be helping.

Trust factor increases. Highlights possible cost benefits for company.

Argument for Time consuming.

Good CSR attracts customers and attains talented and professional staff.

Assuring the reputation of the business.

CSR- Starbucks

CSR impacts performance. Although it is arguable that CSR can potentially improve performance. We motion that CSR is too expensive and the money spent on CSR is taking away from owners and shareholders profit.

Starbucks exemplifies this as the performance to profit scale. Is not balanced based on Davis Model CSR should be a two way system and therefore the fact that Starbucks only operates under normal systems shows they are more interested in profit. Growing business.com further references that Starbucks waste millions of tonnes of water a day.

This is a largely unethical practice by standards but shows the pound to ethic comparison.

Part of being ethical is to ensure that customers receive value for price and are satisfied. If we focused more on CSR. Our prices would have to increase.

Business leaders don’t waste time on CSR- Bill Gates/ Microsoft.

They have achieved financial status. Microsoft are considered ruthless with business and therefore Starbucks are only ensuring their own financial stability.

Financial Times are hard economy is unstable. And therefore from economists point of view CSR is expensive and overated and weakens the chance of survival.

CSR if people wish to solve world poverty and famine. OFFER CONCRETE SOLUTIONS. Cynical caricatures have more of a steady business. IE STARBUCKS.